Biota said worldwide sales would exceed US$4 Billions over the next 2 years..lets take exact US$4 Billions..
Sales USD$4 Billions - Relenza share of 20% according to GSK ..That is USD$800 Millions sales revenue..Biota 7% royalties equals USD$56 Millions ...That is around AUD$75 Millions over 2 years....
BTA market cap around AUD$100 Millions...cash on hand after share placement say around $45 Millions...
SO how much is the stock worth? anyone? $2 ?
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
